News

Non-Life16 Oct 2026

Fairfax plans to combine Digit insurance businesses with IDBI Bank following US$5.6bn bid

By Jake Nathanoel Dellosa | 16 Oct 2026

Canadian insurance and investment holding company Fairfax Financial Holdings has been selected as the strategic buyer for a 60.72% stake in IDBI Bank, an Indian commercial bank. The move includes plans to combine the lender with Fairfax's insurance and investment banking businesses.

Archived articles are available to Magazine subscribers only.

If you are already a subscriber

OR sign-up for a trial access here

For Full Access to the magazine SUBSCRIBE here.

Name*

Email*

Comment*

Code Verification*

Enter the code shown above in the box below.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

Today's News

Follow Asia Insurance Review

Fairfax plans to combine Digit insurance businesses with IDBI Bank following US$5.6bn bid

Archived articles are available to Magazine subscribers only.

Recent Comments

Strait of Hormuz disruptions stress-test Southeast Asia's US$160bn gas buildout

ME conflict: Energy risk rises once more in wake of conflict reescalation

Asia's Energy Crisis: The Philippines calls for "regional energy security and resilience" at ASEAN Summit

SEA: ADB cites public insurance pools as viable vehicles for cervical cancer elimination

Sunlife refreshes brand

South Korea: Hanwha Life expands financial education expertise to Indonesia

Global insured CAT losses fall to lowest nine-month level since 2019

Australia's cyclone pool continues to support insurance outcomes in higher-risk areas

New Zealand: Supervisory expectations on cyber and AI risk published

AXA XL's CEO awarded title of Chevalier de l'Ordre national du Mérite

Generali organisational shuffle approved by Board of Directors in final phase of strategic plan

Singapore: Tysers confirms William Furness-Smith as CEO

EAIC Day 2026: Sustainability is indispensable for the insurance industry, message from EAIC General Secretary Masayuki Tanaka

Peak Re joins Global Asia Insurance Partnership as principal partner

Japan: Pacific Life Re completes structured reinsurance deal

EAIC Day 2026: Message from Chairperson of the Life Insurance Association of Japan

EAIC: IAIS Chair sets out response to "polycrisis" of interconnected risks

31st EAIC opens in Tokyo with call for regional resilience

South Korea: Regulator bars Korea Insurance Training Institute from AI JV

Australia-New Zealand: Four Nations, including Australia and New Zealand, form an Insurance Alliance to confront the rising risks threatening economic resilience

Hong Kong regulator sanctions six insurance intermediaries over false premium declarations

Sometimes, the most consequential risk is the connection between risks

GAIP welcomes Lloyd's Asia

India: UNDP and insurer join hands to strengthen MSME resilience

Asia Pacific: Rapid emissions cuts and long-term climate adaptation planning must go hand in hand

Singapore: Maritime and Port Authority of Singapore Act 1996 to be amended to address the emerging risks

Risks are becoming increasingly interconnected

Today's News

	Get the full experience with our app
	Read in App

Fairfax plans to combine Digit insurance businesses with IDBI Bank following US$5.6bn bid

Related News

Archived articles are available to Magazine subscribers only.

Recent Comments

Today's News

Receive Free Newsletters From Asia Insurance Review